Abu Dhabi Ports

Chinese tyre manufacturer Roadbot started construction of a tyre-manufacturing plant in Kizad, Abu Dhabi, with a total investment of Dh2.2 billion ($614.37 million). The factory will have an initial annual capacity of 3 million PCR tyres and 1 million TBR tyres, increasing to 10 million PCR tyres by 2022, and is expected to be fully operational by October 2020, creating 1,200 jobs.

Emirates Steel has signed a 10-year strategic agreement with Abu Dhabi Marine Services (SAFEEN), a subsidiary of Abu Dhabi Ports, valued at AED 1 billion. SAFEEN will provide short marine shipping services for three shipments of iron ore per month starting January 2021.

Siemens will supply 11 container cranes, 24 automated rail-mounted gantry cranes, eight automated empty container cranes and one fixed crane for the second container terminal at Khalifa Port in Abu Dhabi. The first batch is expected to be operational before end of 2018. The contract is valued at an estimated $738 million.

Abu Dhabi Ports and Emirates Aluminium Rolling signed a $120m deal to set up a manufacturing plant in Kizad, Abu Dhabi. The plant will produce 65,000 tonnes of aluminium coils per annum and is expected to be completed in Q3 2017.